Too much leverage has led to an inevitable pause in the crypto market, but this is largely seen as a healthy correction, analysts argued.
Solana vs. Ethereum: SOL/ETH signals a potential 45% drop, while ETH eyes $4,000 with bullish momentum. Solana's USD pair could correct toward $145 amid resistance.
Solana price has surged significantly over the past month, capturing attention within the cryptocurrency market. This November, the Layer 1 blockchain reached an all-time high, fueled by a bullish trend and increased investor confidence.
Solana's DEX trading volume surpassed $100 billion in November 2023, doubling Ethereum's volume while its native token SOL reached a new all-time high of $263.
Artrade, the first art tokenization marketplace on Solana, has reached a significant milestone by digitizing an original Picasso artwork. With a market capitalization of $180 million and over 6,000 active users, the platform is transforming the art market with its ATR token.
Solana-based memecoin platform Pump.fun suspended its livestream feature after facing backlash over disturbing content, despite recording its highest-ever daily revenue of $14.3 million.
As Bitcoin drops below $95,000, the broader market recovery takes a sharp blow as the November rally ends on a pullback note. Amid the increased supply, the WIF price trend is back to the $3 support. Amid the quick pullback, WIF prices are at a crucial crossroads in deciding the December trend's fate.
In November 2024, Solana hit an impressive $109.73 billion. It left other big names like ETH, BASE, and BSC in the dust, according to DefiLlama.
Solana's adoption milestones and bullish momentum position it for a potential breakout.
Solana-based memecoin launchpad Pump.fun is in the middle of a storm after a wave of users misusing its Livestream feature to pump their tokens became viral. The recent harmful behavior comes amid the cycle's memecoin frenzy, which has seen numerous community members use deceitful tactics to profit from the sector's popularity.
Solana has achieved multiple record-breaking metrics in November 2024, including a $265 all-time high price, $100 billion monthly DEX volume, and 25 million active addresses
The attackers who attacked the latest DEXX have been reactivated after a week of inactivity to change the stolen alt coins for Solana (SOL) in large amounts according to Mistract, cyber security. This comes after, decentralized exchange DEX platform was targeted and users and the platform woke up to hefty losses.
The crypto markets are plunging as Bitcoin slashed below $95,000 in the times when the $100K milestone appeared to be extremely evident. Meanwhile, Solana, which smashed a new ATH a few days ago, appeared to have been closely following the star crypto.
Solana (SOL) decentralized finance (DeFi) activity has gained significant momentum, with its decentralized exchanges (DEX) surpassing Ethereum (ETH) DEX in monthly trading volume. So far in November, Solana-based DEXes have recorded over $100 billion in trading volume, marking a major milestone for the ecosystem.
Dangerous influencer stunts force memecoin platform Pump.fun to pause livestreaming feature indefinitely.
The new era of in-store crypto payments begins: crypto aficionados can choose from a flurry of trending memecoins.
The Solana memecoin launchpad Pump Fun has announced the indefinite suspension of its live streaming feature. The decision to sunset this service comes after the protocol faced backlash in relation to the abusive use of the live stream feature.
Bloombergs James Seyffart has shared insights on the challenges facing XRP and SOL ETFs, predicting potential approval by 2025. Regulatory hurdles like compliance and market manipulation remain, but changes in SEC leadership could reshape the landscape.
Popular meme coin creation platform Pump.fun disabled the livestream feature after it was used for an array of controversial streams.
Bloomberg Analyst James Seyffart has outlined potential timelines for the approval of Solana (SOL), XRP, Litecoin (LTC), and Hedera (HBAR) exchange-traded funds (ETFs). As regulatory discussions gain traction in the United States, Seyffart predicts that decisions on these altcoin ETFs may extend into late 2025, depending on various factors.
Solana (SOL) has been making waves in the cryptocurrency industry, reaching an all-time high of $265 on November 23, 2024. The surge of Bitcoin toward the $100,000 mark and the enthusiasm for meme currencies were the catalysts for this remarkable rally.
Dogwifhat soared in both price and trading volume following its listing on Robinhood, igniting market excitement. Analysts highlight bullish signals that could propel the meme coin toward the $5 mark if momentum persists.
Solana's DEX trading volume skyrocketed to over $109 billion in November, marking a huge milestone for the network.
A Dogecoin (DOGE) rival has rallied after suddenly being listed on retail trading giant Robinhood's platform. In a new announcement, Robinhood says that the dogwifhat (WIF) is available for trading on Monday. Amid the news, the memecoin soared to a high of $3.62, up from Sunday's low of $3.06. WIF has settled down to $3.
Following a listing on Coinbase, Dogwifhat (CRYPTO: WIF) has been listed for trading by Robinhood Crypto. What Happened: The company announced the listing on its X account on Monday.
Bitcoin's failure to cross above $100,000 could extend the current price pullback. The real question is whether or not bulls will buy the dip.
Robinhood has added Dogwifhat (WIF), a Solana-based meme coin, to its cryptocurrency trading options, generating considerable excitement among traders and investors. Known for its limited crypto offerings, Robinhood's inclusion of WIF signals the growing acceptance of meme coins within mainstream trading platforms.
Pump.fun, a decentralized platform for creating Solana (CRYPTO: SOL)-based meme coins, has come under intense scrutiny after reports of harmful and violent behavior surfaced on its livestream feature. What Happened: The platform, which has gained popularity in the crypto space, is now facing backlash from the community, with many calling for the livestream function to be disabled altogether until proper moderation tools are in place.
Pump.fun, a decentralized platform for creating Solana (CRYPTO: SOL)-based meme coins, has come under intense scrutiny after reports of harmful and violent behavior surfaced on its livestream feature. What Happened: The platform, which has gained popularity in the crypto space, is now facing backlash from the community, with many calling for the livestream function to be disabled altogether until proper moderation tools are in place.
Robinhood added DogWifHat (WIF), causing a limited rally as the crypto market took a step back.
The dog-themed meme coin WIF has now been listed by top-tier exchanges including Binance and Coinbase, signaling its heightened demand.
Robinhood has thrown its crypto caution out the window following Donald Trump's victory earlier this month, adding yet another meme coin.
Over $116 billion worth of decentralized exchange (dex) trades have been placed on the Solana network in November. Record Volume for Solana DEXs As of Nov. 25, Solana's monthly trade volume on decentralized exchanges (dexs) surpassed $100 billion for the first time. The network's dex trade volume so far in November has reached $116.
Some of the new offerings will be available to users from November 26.
The world of decentralized finance (DeFi) has witnessed a new milestone: the monthly volume of Solana-based DEX (Decentralized Exchange) has surpassed 100 billion dollars for the first time, reaching the impressive figure of 109 billion dollars in November 2024.
Raydium dominates Solana's DEX landscape, capturing over 63% of weekly trading volume. The post Solana DEXs Hit Record $100B Monthly Trading Volume appeared first on Cryptonews.
TL;DR Digital asset investment products saw record inflows of $3.13 billion in one week. Bitcoin led the inflows with 3 billion, while Solana stood out among altcoins with 16 million. Europe experienced capital outflows, while the United States, Canada and Hong Kong showed strong interest.
TL;DR Solana surpassed $100 billion in monthly DEX trading volume for the first time, reaching a total of $109.8 billion in November. Factors such as the memecoin frenzy and low transaction fees have driven its remarkable growth, doubling Ethereum's volume. The network also stands out with 107.
Major cryptocurrency exchange Binance has announced the inclusion of six new listings, focusing on Hedera, Solana, meme coins and other tokens. This move is part of Binance's continued attempts to diversify its offerings and cater to the evolving interests of its users.
Robinhood Crypto has added the Solana meme coin Dogwifhat, allowing users to trade it on the platform.
The weekend's correction might have finished, according to CoinStats.
Robinhood extended its support to big meme coins by listing the popular canine-theme token Dogwifhat.
Solana has surpassed the $100 billion threshold for monthly decentralized exchange trading volume for the first time in crypto history. Throughout November 2024, Solana(SOL) DEX volume reached $109.
In a recent development, Robinhood, a popular cryptocurrency exchange, announced that it will list Dogwifhat (WIF), the leading Solana-based meme coin. This announcement has attracted significant attention from both traders and investors. Following the announcement, the meme coin's price skyrocketed by 13.5% in less than an hour.
$2.9M in $PYTH stolen via zero-transfer phishing on Solana. Scammers swapped stolen $PYTH for $SOL, consolidating stolen funds.
Pump.fun, the decentralized memecoin generation and promotion platform on Solana, is experiencing a rise in live-streaming NSFW content as memecoin creators incorporate adult-themed material into their tokens. The platform, launched in Jan. 2024, enables users without coding skills to create and trade memecoins swiftly, contributing to its rapid growth.
Bitcoin (BTC) stalled after coming within touching distance of $100,000 as the cryptocurrency reached a peak of $99,655 before declining to its current level. BTC is marginally down over the past 24 hours but registered a substantial decline over the weekend and dipped to a low of $95,816 late on Sunday before recovering.